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2011 California Code
Streets and Highways Code
DIVISION 3. APPORTIONMENT AND EXPENDITURE OF HIGHWAY FUNDS [2004.5 - 2704.75]
CHAPTER 15.5. Vanpool Financing
Section 2573


CA St & Hwy Code § 2573 (through 2012 Leg Sess) What's This?

The department shall charge a rate of interest for loans made under this chapter reasonably calculated to ultimately keep the fund at a constant level and in addition recover the administrative costs incurred by the department under this chapter.

(Added by Stats. 1989, Ch. 799, Sec. 2. Effective September 26, 1989.)

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